Greece
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Tankers
Arcadia Shipmanagement orders first newbuilds since 2015
Greece’s Arcadia Shipmanagement has been named as the owner behind a recent order for a pair of suezmax tankers in…
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Tankers
Performance Shipping sheds 2007-built aframax for $39m
Greek tanker owner Performance Shipping has signed a Memorandum of Agreement to sell one of its tankers to an unaffiliated…
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Dry Cargo
Safe Bulkers sells oldest vessel as part of renewal strategy
New York-listed Greek dry bulk owner Safe Bulkers has entered into an agreement to sell the oldest vessel in its…
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Gas
Capital Product Partners shifts focus to LNG in $3.1bn deal for 11 newbuilds
Greek owner Capital Product Partners has entered into an umbrella agreement with Capital Maritime and Capital GP for the acquisition…
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Gas
Naftomar orders world’s largest ammonia carriers
Hanwha Ocean, the South Korean shipbuilder formerly known as Daewoo Shipbuilding & Marine Engineering, has won an order from Greece’s…
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Dry Cargo
Star Bulk ships out vintage tonnage
Greek dry bulk giant Star Bulk Carriers has revealed a series of sales of older vessels. The Petros Pappas-led owner…
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Tankers
Polemis buys VLCC pair from SK Shipping
Shortly after Adam Polemis’ New Shipping made $14m on a 21-year-old VLCC bought six years ago, the famous Greek owner…
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Tankers
Okeanis Eco Tankers applies for US dual-listing
Greek owner Okeanis Eco Tankers (OET) has set its sights on a dual listing that would see it float in…
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Tankers
Navios Partners in for more tanker newbuilds
Greece’s Navios Maritime Partners is strengthening its tanker fleet with a deal for four aframax/LR2 newbuilds. The Angeliki Frangou-led diversified…
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Renewables
Corio sets sights on Greek offshore wind market
Corio Generation has moved to explore opportunities for offshore wind development in Greece Macquarie’s offshore wind portfolio company has teamed…
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Greater China
Dynacom selects Yangzijiang for LR1 pair
George Procopiou’s Dynacom Tankers Management has put pen to paper for a pair of 75,000 dwt LR1 product tankers at…
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Dry Cargo
Diana Shipping fixes out bulker to Western Bulk Carriers
Greek bulker owner Diana Shipping has entered into a time charter contract with Western Bulk Carriers for one of its…
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Dry Cargo
Costamare ships out elderly supramaxes
Greek owner Costamare has disposed of two older supramax bulkers as part of the company’s fleet renewal move. The New…
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Dry Cargo
Star Bulk continues Oaktree share buyback
Greek dry bulk giant Star Bulk Carriers has bought back another 10m shares from its largest investor, Oaktree Capital Management.…
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Tankers
Economou takes Performance Shipping fight to US Supreme Court
Things continue to escalate at Performance Shipping, with Greek shipowner George Economou taking his fight to gain control of the…
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Tankers
Minerva Marine adds LR2 to growing fleet
Greece’s Minerva Marine keeps piling on modern tanker purchases in the fourth quarter, going only for popular premium priced ships…
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Dry Cargo
EuroDry forms shipowning joint venture for bulker duo
Greek dry bulk owner EuroDry has formed a joint venture with several investors represented by NRP Project Finance regarding the…
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Renewables
Seaway 7 taps Hellenic Cables for East Anglia Three offshore wind project
Seaway 7, an offshore wind unit of Subsea 7, has selected a Greek cablemaker to support its work on the…
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Renewables
Diana Shipping makes offshore wind vessels play
New York-listed Greek bulker owner Diana Shipping has signed a term sheet to take part in a joint venture that…
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Finance and Insurance
Frangou closes Navios Holdings take private deal with sweetened offer
Angeliki Frangou has sealed a deal to take US-listed logistics company Navios Maritime Holdings private. Frangou, via its affiliate N…
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